February 06, 2008 08:00 AM Eastern Time
Steiner Leisure Limited Announces Entry into a Concession Agreement
with NCL America, Inc.
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NASSAU, The Bahamas--(BUSINESS WIRE)--Steiner Leisure Limited (NASDAQ:STNR) today announced that it has
entered into an agreement with NCL America Inc., which provides for the
continuation of Steiner's massage,
hairdressing, beauty and fitness services on NCL America's
vessels Pride of Aloha, Pride of America and Pride of
Hawaii, which serve passengers cruising the Hawaiian Islands.
Steiner Leisure initially began its relationship with NCL America in
June 2004, by providing services on Pride of Aloha.
The agreement provides for a term through September 2011. Under this
agreement, Steiner Leisure will continue to be the exclusive provider of
spa services aboard the current NCL America fleet, as well as on any new
vessels introduced into the fleet during the term of this agreement. NCL
America has announced that Pride of Hawaii will be transferred to
Norwegian Cruise Line in February 2008 (and will have other
itineraries). Steiner Leisure will continue to serve Pride of Hawaii,
when she is renamed Norwegian Jade, following this transfer
pursuant to its existing agreement with Norwegian Cruise Line.
Leonard Fluxman, President and Chief Executive Officer of Steiner
Leisure, said, "We are very pleased to formalize our relationship with
NCL America as a continuation of our long-standing, successful
relationship with the Norwegian brand."
Steiner Leisure Limited is a worldwide provider of spa services. The
Company's operations include spas and salons on 130 cruise ships, and in
52 resort spas and two luxury day spas. Our cruise line and land-based
resort customers include Crystal Cruises, Carnival Cruise Lines, Caesars
Entertainment, Celebrity Cruises, Cunard/Seabourn Cruise Lines,
Silversea Cruises, Hilton Hotels, Holland America Line, One&Only Resorts
by Kerzner International, Marriott Hotels, Norwegian Cruise Lines,
Princess Cruises and Royal Caribbean Cruises. Our Elemis Limited
subsidiary manufactures its Elemis® brand
products for use in our cruise ship and land-based spas. This top
quality European line of beauty products is also distributed worldwide
to exclusive hotels, salons, health clubs and destination spas. Elemis®,
as well as other Steiner products, including La Therapie®,
Ionithermie, and Steiner Hair Care, are available at http://www.timetospa.com.
Steiner Leisure owns and operates four post secondary schools (comprised
of a total of 14 campuses) located in Miami, Orlando, Pompano Beach and
Sarasota, Florida; Baltimore, Maryland; Charlottesville, Virginia; York,
Pennsylvania; Salt Lake City and Lindon, Utah; Las Vegas, Nevada; Tempe
and Phoenix, Arizona; and Westminster and Aurora, Colorado. Offering
degree and non-degree programs in massage therapy and, in some cases,
skin care, these schools train and qualify spa professionals for health
and beauty positions within the Steiner family of companies or other